Home
News
Cryptocurrency is an industry that has gained a lot of attention in recent years. Specifically, Twitter and the digital assets space share a very iconic relation as just a Tweet with three or four words can result in high price fluctuations.
For instance, in 2021, the popular meme currency Dogecoin (DOGE) has seen massive traction as Elon Musk often tweeted about DOGE last year. But this time, it’s not Musk who has attracted eyes toward Dogecoin.
But the popular Dogecoin influencer and Youtuber Matt Wallace has recently placed a big bet on the meme coin as he has promised to delete his YouTube channel if the coin does not hit $1 by the year-end.
This has gained a lot of attention as it seems to be a big commitment, particularly if we look at the performance of Dogecoin along with the overall cryptocurrency market.
Wallace is a Dogecoin influencer who runs Final Stand, a popular YouTube channel that especially covers cryptocurrencies. His YouTube channel is one of the largest communities of Dogecoin on the internet. And this is what makes this commitment a big one, as there are uncertainties about Dogecoin reaching $1 by the end of the year.
He highlighted this via his Twitter that he is so confident that DOGE would surpass the $1 mark by the end of the year that he will delete his YouTube channel if it does not.
In the year 2018, March, Matt Wallace started creating YouTube videos for the meme currency Dogecoin. And his channel has gained more than 248,000 subscribers and 36.7 Million views.
Last year was a significant one for Dogecoin so far. In the month of January 2021, it exchanged hands at $0.007 and then reached its All-time high in May at $0.7381.
Other than Tweets from Elon Musk, Snoop Dogg’s tweets also impacted its performance. And it also followed the bullish run of the crowned crypto-asset Bitcoin (BTC), and there were some other Keo Opinion Leaders also. The coin has a huge following on Twitter and Reddit at this point in time.
If we talk about this year, it might witness growth as institutional adoption and acceptance by retailers. Furthermore, Elon Musk, Mark Cuban, etc., have also accepted Dogecoin as a payment method. Hence, the coin is seeing more and more folks inclined towards it. It is to look forward if Wallace’s price prediction proves to be true by the end of the year-end or if he will have to delete his YouTube channel.
As of writing, Dogecoin (DOGE) is trading at 0.06486 and is up by approximately 6% in the last twenty-four hours.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
